Thailand’s Gem and Jewelry Exports Soar in Q1/2025: Impressive Trade Opportunities for Southeast Europe

Thailand’s gem and jewelry sector has delivered a remarkable export performance in the first quarter of 2025, presenting bedazzling opportunities for entrepreneurs and importers in Bosnia and Herzegovina, Bulgaria, Croatia, Hungary, Montenegro, Romania, and Serbia.

Exports Surge to Record Highs

According to the Gem and Jewelry Institute of Thailand, from January to March 2025, Thailand’s gem and jewelry exports reached USD 8,635.86 million, a staggering 109.88% increase compared to the same period last year. Even excluding unwrought gold, the sector still saw exports of USD 5,086.40 million, up 102.38% year-on-year. In March alone, export value hit USD 2,502.15 million, marking a 131.04% rise, with actual gem and jewelry exports (excluding gold) at USD 1,054.19 million, up 52.53%.

This growth cements gems and jewelry as Thailand’s top export category, accounting for 10.59% of the nation’s total exports in early 2025. The sector’s resilience is further highlighted by robust demand in key markets and a global shift toward ethical sourcing and innovative designs.

Why Importers in Southeast Europe Should Take Note

• The region’s importers can benefit from Thailand’s expanded production capacity, competitive pricing, and world-renowned craftsmanship.

• With global supply chains diversifying, Southeast Europe is well-positioned to tap into Thailand’s high-quality colored gemstones, silver jewelry, and fine gold products.

• Thailand is the world’s second-largest exporter of silver jewelry and third in colored gemstone exports, with export values doubling over the past decade.

• The ongoing emphasis on sustainable and transparent sourcing aligns with evolving consumer preferences in Europe, making Thai products even more attractive.

Bangkok Gems & Jewelry Fair: A Gateway to New Partnerships

The upcoming 72nd Bangkok Gems & Jewelry Fair, scheduled for 9-13 September 2025, is the premier platform for connecting with Thai suppliers and exploring the latest trends. The previous edition in February 2025 was a resounding success, drawing nearly 40,000 visitors, 71% international, and generating over 3.7 billion baht (approx. USD 100 million) in trade value. The fair featured more than 2,600 booths and showcased top products: gemstones, fine jewelry, silver jewelry, gold, and diamonds.

The event also included industry seminars, networking receptions, and special exhibitions, such as the AMOUR ÉTERNEL HAUTE JOAILLERIE by HRH Princess Sirivannavari Nariratana Rajakanya, underscoring Thailand’s commitment to craftsmanship and innovation.

Exclusive Offer: Free Accommodation for Selected Central and Eastern European & Balkan Importers at Bangkok Gems & Jewelry Fair this September!

With demand for Thai gems and jewelry at an all-time high and the Bangkok Gems & Jewelry Fair set to expand further, we’re excited to announce a special opportunity for selected jewelry importers from Bosnia and Herzegovina, Bulgaria, Croatia, Hungary, Montenegro, Romania, and Serbia! To help you experience the vibrant Bangkok Gems & Jewelry Fair (9-13 September 2025) firsthand, the Thai Trade Center, Budapest, is offering complimentary accommodation during the exhibition dates. This initiative is designed to connect you directly with exceptional Thai craftsmanship and creativity in silver jewelry.

If you are interested in taking advantage of this offer and exploring new partnerships, please reach out to us at thaitradebudapest[at]thaicomm.hu to express your interest. Let’s collaborate to bring Thailand’s unique artistry to the global stage!